Oct 3 Royal Bank of Scotland Group Plc
will pay $120 million to resolve a Connecticut state
investigation into the bank's underwriting of toxic
mortgage-backed securities ahead of the 2008 financial crisis,
authorities said on Monday.
The deal, announced by Connecticut Attorney General George
Jepsen and state Department of Banking Commissioner Jorge Perez,
came as the bank has been seeking to resolve a series of probes
and lawsuits over mortgage bonds.
(Reporting by Nate Raymond in New York; Editing by Chizu